#TradingStrategyMistakes

One of the most common and costly mistakes in crypto trading, particularly for beginners, is the failure to conduct thorough research. Many traders jump into positions based on social media hype or "influencer" tips without understanding the project's fundamentals, its team, or its true utility. This often leads to "buying high and selling low" – panic selling during dips or FOMO-buying at the peak of a pump. Another significant error is emotional trading. Fear and greed can easily override logical decision-making, leading to impulsive actions like overtrading or holding onto losing positions out of stubbornness. Neglecting proper risk management, such as not setting stop-loss orders or over-leveraging positions, is a recipe for disaster in such a volatile market. Finally, many traders overlook transaction fees, which can significantly eat into profits, especially with frequent trading.